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Hello me from 2003. I would have written almost this exact comment twenty years ago. In the meantime what I've learned is that: 1. Billionaires have 10 finger
by titzer 3y ago
Hello me from 2003. I would have written almost this exact comment twenty years ago.
In the meantime what I've learned is that:
1. Billionaires have 10 fingers and 24 hours just like the rest of us. They are not superhuman, superintelligent, or even particularly good at anything. Many are on top of their organization simply by inheritance or successfully navigating internal organizational politics.
2. Greed is a real disease. It's a mental illness. We don't call it that anymore. But what would you call an obsession with acquiring thousands of times more wealth than is necessary to have a full and complete life? Many lifetimes!? There's some kind of serious pathology there.
3. Billionaires either inherit huge amounts of money or they create organizations that funnel money up to them. The day-to-day earnings of the organization are the operation of a huge pyramid of people who do real work. They're taxing the produced wealth of their org they sit atop of.
4. Most organizations can coast for months or years without any real leadership, but would sputter and stop instantly if the people at the bottom stop working. Our age's conceit is to think the guy with the rudder in the fog is the leader when there are dozens of slaves doing the rowing and fish are jumping in the boat.
5. Billionaires never get screwed. Ever. They have bad ideas all the time. They can literally fuck up until the cows come home and still get mega payouts and people still lionize them.
- jntvjnvutnuvt 3y agoYou completely misunderstand where billionaire wealth comes from. They are billionaires on paper, not from funneling money from workers to their bank accounts.
- titzer 3y agoI get your point, that the wealth is based on the value of stocks and so on, but keep in mind that not all billionaires are founders whose billions originated from incepting a company. Some get hundreds of millions in stock grants each year, which is indeed revenue not paid to workers or shareholders.
- aaomidi 3y agoI love how this line is used. so if they’re billionaires on paper, can someone explain their lifestyle? How does Gates own so much farm land? Yall are actively fooling yourselves.
- b112 3y agoSimply because I speak truths about billionaire assets, does not mean I idolize them. I also do not idolize politicians, thought leaders, or really anyone. But billionaires, as I said, are a focal point in a capitalistic society. They direct the wealth they control. There are indeed good and bad billionaires, just as there are good and bad dentists, janitors, and violinists. I wonder, in your world, how readily you realise this, in categories you villianize? It seems more to me, that once you realised billionaires are human, you became angry with the the wealth they manage. Did you become mad with other levers in our society, when you realised the same?